Fuel subsidy: We are paying for inefficiency – Peter Obi

Vice Presidential candidate of the Peoples Democratic Party (PDP), Mr Peter Obi, has once again condemned the subsidy policy of the Federal Government.

As far as Mr Obi is concerned, the country will be better off if the government used the funds that go into subsidy in providing better education for citizens.

Mr Obi spoke about the issues during his appearance on Channels Television’s Politics Today on Tuesday.

“I have said it categorically, we are paying for inefficiency,” he said.

In defending his criticism of the subsidy payments, Mr Obi also accused the Muhammadu Buhari administration of coming up with bogus policies on health and education.

He said, “Go and check the just presented 2019 budget. Health is N341bn and education is about N450bn.

“So, if you put health and education which is the most critical component of the development of any economy together it is N800bn when you are paying over a trillion (naira) in subsidy. It is unacceptable.”